DXN Ltd announced the completion of its exit from the SYD01 data centre lease at 5 Parkview Drive, Sydney Olympic Park, saving the company approximately $1.4m annually in lease costs and related expenses, while also offsetting exit costs through the sale of existing infrastructure assets.
This move is part of DXN's strategic focus on optimizing operations and driving growth in its core business areas, including the design, engineering, manufacturing, and operation of modular data centers across the Asia Pacific region.
ASX Code: DXN